DID ANNUAL REPORT 2023_24

Annual Report 2023-2024

GAUTENG DEPARTMENT OF INFRASTRUCTURE DEVELOPMENT VOTE 15

NOTES TO THE ANNUAL FINANCIAL STATEMENTS for the year ended 31 March 2024

21.2 Finance leases ** (continued)

2022/23

Buildings and other fixed structures

Specialised military equipment

Machinery and equipment

Land

Total

R’000

R’000

R’000

R’000

R’000

Not later than 1 year

- - - -

- - - -

- - - -

13 352 13 352 3 104 3 104

Later than 1 year and not later than 5 years

Later than 5 years

-

-

Total lease commitments

16 456 16 456

21.3 Operating lease future revenue

2023/24

Buildings and other fixed structures

Specialised military equipment

Machinery and equipment

Land

Total

R’000

R’000

R’000

R’000

R’000

Not later than 1 year

- - - -

- - - -

1 650 3 429

- - - -

1 650 3 429

Later than 1 year and not later than 5 years

Later than 5 years

14 019 19 098

14 019 19 098

Total operating lease revenue receivable

2022/23

Buildings and other fixed structures

Specialised military equipment

Machinery and equipment

Land

Total

R’000

R’000

R’000

R’000

R’000

Not later than 1 year

- - - -

- - - -

2 158 5 615

- - - -

2 158 5 615

Later than 1 year and not later than 5 years

Later than 5 years

14 019 21 792

14 019 21 792

Total operating lease revenue receivable

Department has lease agreements with tenants who are leasing state properties and a decrease is influenced by the reduced number of tenants on these properties and expired contracts.

205

DEPARTMENT OF INFRASTRUCTURE DEVELOPMENT

Made with FlippingBook - professional solution for displaying marketing and sales documents online